41-2916 — CONTRIBUTIONS TO INSURER
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TITLE 41
INSURANCE
CHAPTER 29
RECIPROCAL INSURERS
41-2916. CONTRIBUTIONS TO INSURER. The attorney or other parties may
advance to a domestic reciprocal insurer upon reasonable terms such funds as
it may require from time to time in its operations. Sums so advanced shall not
be treated as a liability of the insurer, and, except upon liquidation of the
insurer, shall not be withdrawn or repaid except out of the insurer's realized
earned surplus in excess of its minimum required surplus. No such withdrawal
or repayment shall be made without the advance approval of the director. This
section does not apply to bank loans, or to other loans made upon security.